Tax questions on GST

GST and it's impact on property Tax

I recently booked a 2BHK flat in Hyderabad Telangana. My registration is yet to be done. The total flat cost is ? 49,51,625. I have taken a home loan. The first disbursement has been released. I have raised a request for the final disbursement from the bank and have provided the builder a copy of the final cheque to start the registration process. My builder had shared me the following appli...

Sir please verify this ledger postig is correct in gst

Intra-state 1. Mr. X purchased goods Rs. 1,00,000 locally (intrastate) 2. He sold them for Rs. 1,50,000 in the same state 3. He paid legal consultation fees Rs. 5,000 4. He purchased furniture for his office for Rs. 12,000 Assuming CGST @5% and SGST@5% S.No Account Name Debit Credit 1 Purchase A/c 100000.00 Input CGST A/c 5000.00 Input SGST A/c 5000.00 To Creditors A/c...